WHITEHAVEN COAL ORD
Weekly Wrap: Late pullback slams gold shares
ASX slips 0.7% as late pullback drags gold shares lower on Fed chair speculation; bullion drops ~5% amid rate-hike fears.
ATO report reveals almost one-third of large corporations paid no income tax
Almost one-third of large corporations including more than half of Australia’s major mining, energy and water companies paid no income tax for financial year 2021, according to new government research. The ninth corporate tax transparency report released this week by the Australian Taxation Office (ATO) has named and shamed 831 big businesses (or 31% of […]
Whitehaven Coal transforms into major coking coal player with US$3.2b BHP-Mitsubishi deal
Australia’s coal industry has been reshaped with Whitehaven Coal (ASX: WHC) set to acquire the Daunia and Blackwater coal mines in Queensland from the BMA Group, a joint venture between BHP (ASX: BHP) and Japan’s Mitsubishi. The deal involves a US$3.2 billion payment, with the upfront amount set at US$2.1 billion, followed by three annual […]
NEXTDC achieves fresh records, Twiggy teams-up with IGO and Newmont ups ante in bid to woo Newcrest shareholders
ASX-100 tech company and data centre operator NEXTDC (ASX: NXT) has onboarded a record number of new customers since the end of last year, with its contract utilisation increasing 43% to 120 megawatts. NEXTDC chief executive officer and managing director Craig Scroggie said the company is well positioned to continue taking advantage of further customer […]
